Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.5434 | +0.0100 | pay 0.0050% / 4h | 3h 00m | $18K | $293K | 10x | Long edgeX | |
| SHORT | 1.5440 | +0.0096 | get 0.0012% / 1h | 0m 32s | $102K | $446K | 50x | Short Popdex |
Price gap+0.037%59s
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
The two prices were read 59 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0004% /8h now · paid −0.006% over the last 6 days (all we have)
Price—spread +0.037%59s now · prices read too far apart to compare
Costs−$780.776% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.037%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGRAM on 22 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size20.7 / 18.1 bpAt $10k entering edgeX costs 20.7 bp, fee and slippage, 1.1× Popdex’s.
- Note: Margin at max leverage$1,000 + $200edgeX 10x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long edgeX: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 59 s apart+0.037% vs +0.056%Part of this gap may be the market moving.
- Watch: Long leg is thinner$18K vs $102K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0003%/8h × 21 periods−$0.72
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$62.18
Fee edgeX bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$78.29
price spread not counted: prices read too far apartCosts to cover0.776%Break-evennever at this rate
Slippage: edgeX: live order book, 6 min ago; Popdex: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX16.2320.7 bp−$2138.0 bp−$380doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.2518.1 bp−$18147.3 bp−$1,473doesn’t fitdoesn’t fit
Closing costs about the same again.

